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2 November, 2011

One million households in under 40 age group behind with debt repayment or subject to debt action

Consumer Credit Counselling Service publishes report which shows that younger people are struggling against debt, reducing real incomes and increasing difficulties in saving for retirement.

2 November, 2011

Impact of early intervention for consumers facing financial difficulty

New research by Barclays and Money Advice Trust examines needs and motivations of people who have had pre-arrears support.

1 November, 2011

Government launches cold weather plan to help most vulnerable

New measures include making extra £10m available to support existing schemes for those at risk of fuel poverty, and creating new £20m fund, supported by Age UK, to address cold housing.

1 November, 2011

Government publishes consultation to help families with their council tax bills

Proposals include giving councils flexibility to remove council tax relief on second homes, and ensuring banks are liable for council tax on the empty homes they repossess.

1 November, 2011

Draft guidance on payment protection products

Financial Services Authority and Office of Fair Trading are consulting on proposed guidance to prevent problems associated with payment protection insurance recurring in a new generation of products.

1 November, 2011

35,000 people face losing their home between now and Christmas

Shelter's Christmas campaign shows that every two minutes someone faces losing their home.

26 October, 2011

26 October, 2011

Debt levels rise for seventh month in a row

Household Finance Index report published by Markit also shows a 'steep reversal' in households' outlook for their finances over the next 12 months.

26 October, 2011

Can consumer credit be affordable to households on low incomes?

Centre for Responsible Credit publishes report which models impact of consumer credit repayments on ability of low income households to afford a socially acceptable standard of living.

25 October, 2011

Government calls on social landlords to help tenants reduce energy bills

Housing Minister urges landlords to use existing funding models to start a 'Pay As You Save' scheme to make homes warmer and cheaper to run.

24 October, 2011

24 October, 2011

Facing the squeeze: What it’s really like to be in financial difficulty

Money Advice Trust publishes report which examines how individuals and families are dealing with the current economic climate.

24 October, 2011

Debt Relief Orders in Northern Ireland

New Statutory Rule that corrects an error in Regulation 8 of the Debt Relief Orders (Designation of Competent Authorities) Regulations (Northern Ireland) 2011 which describes persons ineligible to be intermediaries in Northern Ireland.

19 October, 2011

Thousands of people die each year from illnesses linked to fuel poverty

Department of Energy and Climate Change publishes Professor Hills' interim fuel poverty review which focuses on people with low incomes driven into poverty by high fuel bills.

19 October, 2011

Revised debt collection guidance

Office of Fair Trading publishes new guidance which sets out unfair or improper business practices, such as such as using social networking sites such as Facebook or Twitter to contact debtors.

19 October, 2011

Scottish Insolvency Statistics

New statistics from Accountant in Bankruptcy show a 4 per cent rise in personal insolvencies on the same period last year.

17 October, 2011

Examples of good practice to help consumers overcome periods of financial difficulty

New Citizens Advice publication seeks to promote constructive engagement between creditors, advisers and consumers, leading to better outcomes.

13 October, 2011

Mortgage debt increase of 64 per cent on previous year in Northern Ireland

Citizens Advice 'Dealing with Debt' annual report shows that mortgage debt represents the largest debt amount for households.

13 October, 2011

Good practice in dealing with debt

Citizens Advice publishes report which uses examples of good practice to demonstrate key principles to help people overcome their debt problems.